ByteDance, the parent company of TikTok, is weighing its ownership options for the popular video app after the Trump administration threatened to ban the app from the United States this month, according to people briefed on the discussions.
One path that ByteDance, a privately held company in China, is discussing
In a recent survey, prominent economists across the ideological spectrum were nearly unanimous in saying a lack of jobs, not a lack of willingness to work, is holding back the economy right now. Not a single economist in the survey argued for cutting off extra benefits entirely right now.
The biggest champion of the cut outside the White House has been Arthur B. Laffer, the famed supply-side economist whom Mr. Trump honored with the Presidential Medal of Freedom last year. Mr. Laffer touted the cut and its benefits earlier this week in a call
Google is getting serious about competing with Amazon in online shopping — just as it did in 2013, 2014, 2017 and 2019.
But in 2020, as the coronavirus pandemic continues to grip America, the push to create an online shopping marketplace to compete with Amazon has taken on new urgency
The difficulties facing these workers have multiplied during the pandemic.
The current political fight over whether to extend a $600 weekly jobless benefit supplement — which expires at the end of this month — overlooks the total financial toll that the pandemic has taken on households, some economists contend.
“What
The owner of Ann Taylor and Lane Bryant, which just a few years ago was one of the country’s largest clothing retailers for women and girls, filed for bankruptcy on Thursday, after declining sales and high debt were exacerbated by store closures mandated by coronavirus lockdowns.
The company, Ascena Retail
For 17 straight weeks, the U.S. government has reported that more than one million workers filed new state unemployment insurance claims. There is
Cybersecurity researchers revealed on Thursday a newfound vulnerability in an app that controls the world’s most popular consumer drones, threatening to intensify the growing tensions between China and the United States.
In two reports, the researchers contended that an app on Google’s Android operating system that powers drones made by
Tesla on Wednesday reported a profit of $104 million, a result that surprised analysts, who were expecting the electric carmaker to lose money as the coronavirus pandemic squeezed the company on two fronts.
Sales for the second quarter, which ended in June, slowed while much of the economy shut down
